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Author Topic: Banking will still be significant until cryptocurrencies can "stand on their own  (Read 1358 times)
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September 05, 2018, 04:37:03 PM
 #121

I believe the banking industry would still survive even with more people using crypto-currencies in the future, as citizens around the world would still need to deposit some of their fiat money into the bank, and the banks would also be able to continue their daily business as long as there is people depositing fiat money to them, this should ensure their business operations to continue smoothly even with the rise of crypto-currencies in the future.

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HenryHope
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September 28, 2018, 10:29:18 AM
 #122

Electronic money can not actually change the fact that banks are still the leading force in finance and they will remain so. Electronic money will never become mainstream. I believe that the banking system will always be a significant electronic currency that can stand on its own, because banks are lucrative and have proven to be reliable to handle transactions. Our key. So I can say that the bank will always be meaningful and will always be sponsored.
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September 28, 2018, 01:42:42 PM
 #123

I think banks will find their place in the new economy, which we carry cryptocurrency, you'll see:)
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September 28, 2018, 02:24:28 PM
 #124

If in the distant future, the world turn totally digital and nothing can be done physically anymore, then maybe. The question is, will the world become totally digital? Will everything become virtual? Maybe. No one can tell.
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